ActiveResidential · sale

51165 Evangeline Way

La Quinta, CA 92253

$3,599,900

  • 6 beds
  • 7 baths
  • 3,638 sq ft
  • 0.68 acres
  • Built 2015

Listed by Rennie Group · MLS #219148573DA

51165 Evangeline Way, La Quinta, CA 92253 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2015.

Garage parking

4 garage spaces listed.

Property size

0.68 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Located in the highly soughtafter Polo Villas community of La Quinta this stunning contemporary estate presents a rare opportunity to own a luxury property just minutes from the worldfamous Coachella and Stagecoach festival grounds Designed with both lifestyle and investment in mind this 6bedroom 65bath residence spans approximately 3638 square feet and delivers an exceptional blend of modern design comfort and income potential Clean architectural lines soaring ceilings and an openconcept layout define the interior creating an inviting atmosphere ideal for entertaining large groups or hosting extended stays The expansive living area features elevated finishes a cozy fireplace and seamless indooroutdoor flow making it perfectly suited for gatherings during festival season or relaxed desert living yearround Situated on an oversized lot the outdoor space is a true highlight Enjoy a resortstyle pool and spa pickleball court outdoor kitchen and a welcoming firepitan ideal setting for entertaining guests before or after events at the nearby Empire Polo Club The generous yard offers privacy and space rarely found so close to the Coachella event grounds The home offers two spacious primary suites each with ensuite bathrooms and large walkin closets providing privacy and comfort for owners and guests alike Four additional bedrooms ensuite make this property exceptionally wellsuited for group stays shortterm rentals or multigenerational living Additional features include a private gated community solar energy system Level 2 EV charger and approval for shortterm vacation rentals in the City of La Quintaan invaluable advantage for buyers seeking a highperforming investment property near major annual events Whether youre searching for a luxury desert retreat a festivaladjacent vacation rental or a strategic addition to your real estate portfolio this exceptional Polo Villas estate offers location lifestyle and income potential in one remarkable package
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THE NEIGHBORHOOD

Explore the location.

51165 Evangeline Way, La Quinta, CA 92253

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2015
Full baths
6
Half baths
1
Garage spaces
4
Cooling
CentralAir,Zoned
Heating
Central,ForcedAir,NaturalGas,Zoned
Appliances
ElectricOven,GasCooktop,Disposal,GasWaterHeater,Microwave,Refrigerator
Flooring
Carpet,Tile
Fencing
Block
Pool
Yes
Pool features
InGround,Private
Spa
No
Subdivision
La Quinta Polo Est
Parcel
219140814
HOA amenities
ControlledAccess
HOA fee frequency
Monthly
HOA fee
$569.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$14,999.58
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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51165 Evangeline Way, La Quinta, CA 92253 · MLS #219148573DA

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Listing information

MLS #219148573DA · California Regional MLS

Listing brokerage: Rennie Group
Listing agent: Con Kolytiris

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.